I am so confused with the "portfolio type and description" what does these mean?

I think its some kind of skiptracing lingo. I think it means they cannot find you. If you correspond with them I bet that memo would change to customer has located consumer. I guess they are the customer and you the consumer.

I am so confused with the "portfolio type and description" what does these mean?

Start by disputing just with the CRA. If they cannot find someone..how can it be verified? I looked up them on the BBB and they have a F rating. They look like they are a collection agency that collects on behalf of a payday loan. File a BBB complaint.

I am so confused with the "portfolio type and description" what does these mean?

Start by disputing just with the CRA. If they cannot find someone..how can it be verified? I looked up them on the BBB and they have a F rating. They look like they are a collection agency that collects on behalf of a payday loan. File a BBB complaint . I read a few complaints and they got the negative marks deleted. They seem shady

exactly what I was thinking.... it's only on my EQ so far... i disputed it yesterday but it's just so odd that they reported without being able to locate my collection account... am hoping to get this resolved asap... =/

Re: Help!!! Edited my response

And it is possible that they only reported on that one bureau. My last collection had been reported only on equifax, apparently it had been on my report since 2007 but I never cared to look at my reports. As soon as I saw it I had to fight for 6 months for its removal and that was only after dragging the original creditor into the mess, BBB complaint, etc. It turned out to be a valid debt that happen during Hurricane Katrina. I ended up paying and the original creditor instructed the collection agency to delete.

Re: Help!!! Edited my response

It finally reported on TU ...so i have this new collection reporting on TU and EQ .... I lost 20-25 points .... This sux cause.... Im hoping it won't be hard to deal with these people.... It's so frustrating cause this was a very old debt.... Would this affect my CLIs with my GE cards???

Re: Help!!! Edited my response

kobe2012 wrote:

It finally reported on TU ...so i have this new collection reporting on TU and EQ .... I lost 20-25 points .... This sux cause.... Im hoping it won't be hard to deal with these people.... It's so frustrating cause this was a very old debt.... Would this affect my CLIs with my GE cards???

Re: Help!!! Edited my response

LS2982 wrote:

kobe2012 wrote:

It finally reported on TU ...so i have this new collection reporting on TU and EQ .... I lost 20-25 points .... This sux cause.... Im hoping it won't be hard to deal with these people.... It's so frustrating cause this was a very old debt.... Would this affect my CLIs with my GE cards???

Yes, until it is removed.

Well, that just sucks cause i was hoping i would get increases for the holidays..... I hope i clean up this mess soon

Re: Help!!! Edited my response

kobe2012 wrote:

LS2982 wrote:

kobe2012 wrote:

It finally reported on TU ...so i have this new collection reporting on TU and EQ .... I lost 20-25 points .... This sux cause.... Im hoping it won't be hard to deal with these people.... It's so frustrating cause this was a very old debt.... Would this affect my CLIs with my GE cards???

Yes, until it is removed.

Well, that just sucks cause i was hoping i would get increases for the holidays..... I hope i clean up this mess soon

Re: Help!!! Edited my response

LS2982 wrote:

kobe2012 wrote:

LS2982 wrote:

kobe2012 wrote:

It finally reported on TU ...so i have this new collection reporting on TU and EQ .... I lost 20-25 points .... This sux cause.... Im hoping it won't be hard to deal with these people.... It's so frustrating cause this was a very old debt.... Would this affect my CLIs with my GE cards???

Yes, until it is removed.

Well, that just sucks cause i was hoping i would get increases for the holidays..... I hope i clean up this mess soon

Do you know what this collection is for?? Is it legit??

I think it is from an hsbc account that was sold to National Credit Adjusters and now this CA sold it to this new CA... Its almost a 5 yr old debt.... I wished they wouldve contacted me before reporting...

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IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.